Page:United States Statutes at Large Volume 104 Part 4.djvu/72

104 STAT. 2388 PUBLIC LAW 101-542—NOV. 8, 1990 (1) in subsection (1), by striking out "The term" and inserting in lieu thereof "Except as provided in subsection (m), the term"; and Loan (2) in subsection (m), by inserting immediately after the first programs. sentence the following: "In determining the number of students Insurance. ^j^^ default before the end of such fiscal year, the Secretary shall include only loans for which the Secretary or a guaranty Eigency has paid claims for insurance, and, in calculating the cohort default rate, exclude any loans which, due to improper servicing or collection, would result in an inaccurate or incomplete calculation of the cohort default rate.". TITLE IV—CONFORMING REGULATIONS SEC. 401. CONFORMING REGULATIONS. 20 USC 1092 (a) IN GENERAL.— The Secretary is authorized to issue regulations